Plains All American Pipeline, L.P. (PAA) Earns Media Sentiment Rating of 0.18
News stories about Plains All American Pipeline, L.P. (NYSE:PAA) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plains All American Pipeline, L.P. earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 46.5412284340571 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- High-Yield Dividend Stock to Target: Plains All American Pipeline, LP (PAA) – Voice Of Analysts (analystsbuzz.com)
- Morgan Stanley Sold Position in Plains All American Pipeline (finance.yahoo.com)
- Why You Should Want To Trade Plains All American Pipeline, L.P. … – StockNewsGazette (stocknewsgazette.com)
- Can Plains All American Post A Turnaround? – Seeking Alpha (seekingalpha.com)
- Q3 2017 EPS Estimates for Plains All American Pipeline, L.P. (PAA) Increased by Analyst (americanbankingnews.com)
Plains All American Pipeline, L.P. (NYSE:PAA) traded up 3.69% on Thursday, hitting $21.66. 4,047,457 shares of the company traded hands. Plains All American Pipeline, L.P. has a 12 month low of $18.82 and a 12 month high of $33.95. The stock’s 50-day moving average is $23.27 and its 200 day moving average is $27.40. The firm has a market capitalization of $15.70 billion, a P/E ratio of 16.71 and a beta of 0.95.
Plains All American Pipeline, L.P. (NYSE:PAA) last issued its quarterly earnings results on Monday, August 7th. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by $0.05. Plains All American Pipeline, L.P. had a return on equity of 10.14% and a net margin of 4.42%. The firm had revenue of $6.08 billion during the quarter, compared to analysts’ expectations of $5.50 billion. During the same quarter in the prior year, the firm earned ($0.12) EPS. The firm’s revenue was up 22.8% compared to the same quarter last year. Equities analysts forecast that Plains All American Pipeline, L.P. will post $1.49 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Monday, July 31st were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $2.20 annualized dividend and a dividend yield of 10.16%. Plains All American Pipeline, L.P.’s dividend payout ratio is presently 165.41%.
Several research firms have issued reports on PAA. UBS AG reissued a “buy” rating and issued a $33.00 price objective (down from $34.00) on shares of Plains All American Pipeline, L.P. in a research report on Wednesday, May 10th. Raymond James Financial, Inc. set a $24.00 price objective on shares of Plains All American Pipeline, L.P. and gave the company a “buy” rating in a research report on Wednesday, August 9th. BidaskClub cut shares of Plains All American Pipeline, L.P. from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Stifel Nicolaus set a $21.00 price objective on shares of Plains All American Pipeline, L.P. and gave the company a “hold” rating in a research report on Monday. Finally, Howard Weil cut shares of Plains All American Pipeline, L.P. from a “sector outperform” rating to a “sector perform” rating in a research report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Plains All American Pipeline, L.P. currently has an average rating of “Hold” and an average price target of $29.22.
Plains All American Pipeline, L.P. Company Profile
Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Company’s transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges.
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